Romney vows to aid car industry
By: Deb Price
"Saying he's seeking the gold medal in today's high-stakes presidential primary, Republican Mitt Romney made his final sales pitch Monday, stressing his Michigan roots, family ties to the auto industry and business experience. "At the Detroit Economic Club, the Bloomfield Hills native and son of former Gov. George Romney said one of his top priorities as president would be the auto industry.
"Romney focused on that concern, saying he would tackle the auto industry's troubles in his first 100 days in office. He also blasted federal regulations and taxes that hurt automakers – as well as increased fuel efficiency standards that President Bush recently signed into law. "'From legacy costs, to health care costs, to increased (fuel economy) standard costs, to the cost of embedded taxes, Detroit can only thrive if Washington is an engaged partner, not a disinterested observer,' he said.